UMA wants to see your web3 hack skills shine at Graph Hack
tl;dr: Members of UMA will be attending Graph Hack this weekend in San Francisco, joining more than 800 hackers vying for prizes totalling more than $430,000. As part of the hackathon, UMA will be awarding $4,000 to the team that builds the most interesting use with UMA’s optimistic oracle, Across bridge and/or Outcome.Finance’s DAO tools, including success tokens and KPI options.
Core members of UMA will be in San Francisco at Graph Hack
The event, from Friday, June 3 to Sunday, June 5 aims to supercharge decentralization and expand the web3 ecosystem — and UMA will have its fingerprints all over it.
The hackathon starts right after Graph Day and brings together developers, innovators and creatives to build the dApps of tomorrow, compete for bounties, and learn best practices from top developers in the space.
An estimated 800+ hackers will be competing for more than $430,000 in total prizes at the hackathon that will also feature prizes by UMA. Don’t miss this chance to build and develop your bright idea using UMA’s optimistic oracle and Outcome.Finance’s DAO governance and fundraising tools like success tokens and KPI options.
UMA is a gamechanger for Web3
UMA is an optimistic oracle (OO) that can provide and verify any arbitrary data on-chain.
UMA’s optimistic oracle has been called a human-powered truth machine. Data from UMA secures markets and smart contracts across Web3, expanding the developer design space. The OO tells smart contracts “things about the world” so they can enforce real-world payout conditions.
UMA’s OO provides arbitrary data dispute resolution between smart contracts. Rewards can be earned by proposing answers to a data request, and that’s the lifeblood of the protocol. Proposed data will not be scrutinized unless it is disputed, and disputes are rare. That’s what makes our oracle optimistic.
The Across bridge, Polymarket prediction markets, and Outcome.Finance DAO tools are three of the many great use cases for the OO.
Join the hackathon and earn prizes
As part of the hackathon, UMA will be awarding a prize of $4,000 to the team that builds the most interesting use case with UMA’s OO, the Across bridge and/or Outcome.Finance products. The winner could also be eligible to receive a further grant if you continue building using UMA.
We’ll be sharing some specific ideas this week focused on what can be built using the OO, Across and Outcome at Graph Hack and beyond. Hacking begins on Friday, June 3 with judging taking place on Sunday, June 5 from 9am-noon PT.
We’re building, growing and hiring
In the meantime, tell us more about what you want to build via Twitter, or join us on Discord and keep an eye on UMA’s channels for more details during the hackathon.
Now is also a great time to remind that Risk Labs, the foundation and team behind UMA, Across and Outcome, is growing. We’re currently hiring for these positions.
